Ecuador cuts VAT to 12% 1 June 2017
The central American state of Ecuador has cut its standard Value Added Tax rate from 14% to 12% from 1 June 2017. The Internal Revenue Service (Servicio de Rentas Internas,
The central American state of Ecuador has cut its standard Value Added Tax rate from 14% to 12% from 1 June 2017. The Internal Revenue Service (Servicio de Rentas Internas,
Norway is to implement Postponed VAT Accounting to enable imports to avoid the cash payment of VAT on entering into free circulation into the country. This will be effective from
Romania reverse crisis VAT cuts Romania completes the roll back of the crisis VAT rate cuts. Its standard VAT rate will drop from 20% to 19% on 1 January 2017.
Third VAT increase following bail out Greece has raised its standard Value Added Tax rate from 23% to 24% from 1 June 2016. This reflects the struggling budget deficit and
India’s opposition, the Congress party, continues to block the passage of the Goods and Services Tax (GST) bill. India plans GST implementation from October 2017. GST will replace a range
Slovenia introduced its system of certified cash registers on 2 January 2016. Registers are connected via the internet to the tax authorities, Financial Administration of the Republic of Slovenia (FURS),
VAT registered business to submit VAT invoice listings with VAT return To help combat VAT fraud, particularly missing trader or carousel fraud, the Czech Republic (Czechia) has introduced Control Statements
Since 1 January 2015, EU and non-EU businesses have been able to report their pan-EU sales of digital services to consumers via a single Mini One-Stop-Shop return. This may be
Luxembourg is to raise its VAT rate from 15% to 17% on 1 January 2015. The principality’s Value Added Tax rate remains the lowest in the European Union – albeit
The French government confirmed this week that the planned French VAT rise to 20% from 19.6% will go ahead on 1 January 2014. This will include the elimination of the 7% reduced
Italy is confirmed plans to raise Value Added Tax from 21% to 22% from 1 October 2013. The Reduced Rates will be: 10%; 5%; and 4%. Check global VAT and GST
Companies able to join VAT groups in the Netherlands may be able to enjoy better recovery position. VAT groups enable related businesses to combine Dutch VAT inputs and outputs under a single
German is making a number of changes to its VAT code from 1 September 2013. You can check the right Germany, EU or worldwide VAT calculations on individual or batch transactions
Italy has updated the rules to entitle taxpayers to apply zero-rating on intra-community supplies. You can check the right Italian or other VAT calculations on individual or batch transactions with our
Euro currency crisis forces tax rises The Czech Republic has increased its Value Added Tax rate from 20% to 21% from I January 2013. It had only increased it to
Simplification of old 5% sales tax The West African state of Gambia has introduced Value Added Tax from 1 January 2013. The standard VAT rate is 15% This replaces the
Sales Tax replaced by Value Added Tax Andorra has replaced its Sales Tax regime with a full Value Added Tax system from 1 January 2013. For updated like this try
Netherlands hit by financial and Euro crisis; forces VAT rise The Netherlands has raised its standard Value Added Tax rate from 19% to 21% from 1 October 2012. The comes
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